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AB Builders Group (HKSE:01615) Total Current Assets : HK$222.8 Mil (As of Dec. 2023)


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What is AB Builders Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. AB Builders Group's total current assets for the quarter that ended in Dec. 2023 was HK$222.8 Mil.

AB Builders Group Total Current Assets Historical Data

The historical data trend for AB Builders Group's Total Current Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AB Builders Group Total Current Assets Chart

AB Builders Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 332.29 304.15 319.76 271.52 222.83

AB Builders Group Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 319.76 293.60 271.52 262.09 222.83

AB Builders Group Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

AB Builders Group's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=89.025+58.461+0.465+74.883
=222.8

AB Builders Group's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=89.025+58.461+0.465+74.883
=222.8

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

AB Builders Group  (HKSE:01615) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

AB Builders Group's Liquidation Value for the quarter that ended in Dec. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=89.025-122.782+0.75 * 12.237+0.5 * 0.465
=-24.3

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

AB Builders Group Total Current Assets Related Terms

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AB Builders Group (HKSE:01615) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » AB Builders Group Ltd (HKSE:01615) » Definitions » Total Current Assets
Comparable Companies
HKSE:01953 HKSE:08601 HKSE:01447 HKSE:01683 HKSE:01920 HKSE:01486 HKSE:08023 HKSE:02789 HKSE:02863 HKSE:02195 XPAR:DG NSE:LT SHSE:601668 PWR SHSE:601390 J TSX:WSP HKSE:01800 SHSE:601186 XKRX:028260
Traded in Other Exchanges
N/A
Address
No. 126, Rua De Pequim, Edf. Commercial I Tak, 10th Floor, Macao, MAC
Website
http://www.abbuildersgroup.com
AB Builders Group Ltd operates as a construction contractor, focused on providing structural works, including substructure and superstructure works such as foundation works, basement works, piling and pile cap work, and the construction of high rise buildings, and fitting-out works. The company's reportable segments are Fitting-out works; Structural works; and Air purification business. It generates a vast majority of its revenue from the Fitting-out works segment. The company's operations are located in Macau and Hong Kong, of which key revenue is derived from Macau.
Executives
Lao Chio Seng 2201 Interest of corporation controlled by you
Wong Hio Mei 2202 Interest of your spouse
Laos International Holdings Limited 2101 Beneficial owner
Ip Kin Wa 2101 Beneficial owner
Whm Holdings Limited 2101 Beneficial owner

AB Builders Group (HKSE:01615) Headlines

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